EVENING. Business.

Grave situation: Service Corp. International, the world's...

October 01, 1999

Grave situation: Service Corp. International, the world's largest funeral and cemetery company, said lower cemetery income and labor trouble in France would push down its third-quarter profits to a range of 10 to 13 cents a share, which is below Wall Street estimates and year-earlier results. Service Corp. shares fell sharply following the earnings warning.